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TECHNIC +

Active Private limited companyfounded 2012active for 13 yearsKerkeweg 16, 8490 JabbekeKBO/BCE: BE 0508.741.838

Lifetime

12 annual accounts with figures on one time axis
peak €289,773 (2026)
€289,773▲ 165%
peak €179,157 (2026)
€179,157▲ 216%
peak €307,185 (2026)
€307,185▲ 140%
€457,468▲ 2.0%
Board1 name since 2022
1 director
Documentsfilings and deeds
29-10-20262 days before the deadline
2026abbreviated format
Gross margin from €109,412 to €289,773Result from €56,679 to €179,157Equity from €128,028 to €307,185Cash from €56,093 to €107,556

Key points

from the 2026 annual accounts

Equity

€307,185 ▲ 140%

TECHNIC + has made a profit in every financial year since 2014.

Result

€179,157 ▲ 216%
€56,7002025€179,0002026

The result rose in 2026 from €56,679 to €179,157.

Turnover

≈ €640,000 estimated

The accounts state no turnover.

Liquidity

1.35 was 0.53 in 2025

Short-term debts rose from €173,940 to €218,641.

Filings

12 annual accounts since 2014
deadline201520202025

The 2023 accounts came 29 days late. The other nine of the last ten were filed on time.

Position in the sector

€179,157

Higher net result than 86% of companies in specialised construction. Sector median €31,110 · 417 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as TECHNIC + has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,811 companies, not a prediction for TECHNIC +. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0508741838
Registered office moved from Bruges to Jabbeke New registered office: Kerkeweg 16, 8490 Jabbeke · Previous registered office: Walstrostraat 8, 8200 Brugge · Board meeting of 25-04-2024 · Gazette deed
Resignation: (director) Reappointment: (director) · “De renovatie en restauratie van gebouwen en monumenten; Het oprichten van woningen en gebouwen in de ruimste…” (deed in Dutch) · Director discharge: · General meeting of 29-11-2023 · Gazette deed
First establishment Technic+, Kerkeweg 16, Jabbeke
All 23 events

Comparable companies

same main activity, similar in size and age
Company
TECHNIC + Jabbeke €764,654 €289,773 40.2% -
Verhaeghe - Gardin Elektriciteitswerken Zuienkerke €791,192 €281,512 25.1% -
HAP ELEKTRO Torhout €709,064 €329,849 28.3% 4
DEJONGHE Harelbeke €829,553 €282,363 4.7% -
Blomme Agro Torhout €908,073 €256,627 93.7% 3.1
ELEKTRO VRANCKEN Gingelom €682,219 €313,407 42.4% -
ELECTRICITE FERONT Yvoir €865,702 €322,842 51.3% -

These companies have the same main activity as TECHNIC +: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €682,000 and €908,000, founded between 2010 and 2014.

Official details

Source: KBO
Status
Active since 19-12-2012Normal situation
Activity
General electrical installation workNACE 43211and 4 others
Establishment unit
2.216.915.3038490 Jabbeke, since 27-12-2012
Financial year end
31 March
Peppol
Reachable since 23-12-2025
Company details

Annual accounts to 31-03-2026

€764,654▲ 32.6%
Filing
Filed on 29-10-2026, 2 days before the end of the filing period
Financials

Insights on TECHNIC +

TECHNIC + files the abbreviated format. That format states no turnover. The gross margin rose from €69,764 in 2014 to €289,773 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TECHNIC +

What is the company number of TECHNIC +?
The company number of TECHNIC + is 0508.741.838. The VAT number is the same number with BE in front: BE 0508.741.838.
Where is TECHNIC + based?
The registered office is at Kerkeweg 16, 8490 Jabbeke.Company details
What does TECHNIC + do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of TECHNIC +?
TECHNIC + is a private limited company (BV).
When was TECHNIC + founded?
TECHNIC + was founded on 19-12-2012.
Is TECHNIC + still active?
Yes, TECHNIC + is an active enterprise in the KBO register.
What is the turnover of TECHNIC +?
The turnover in financial year 2026 is ≈ €640,000. This figure is estimated from the gross margin of €289,773 and 35 comparable companies (NACE 43211). It probably lies between €550,000 and €790,000.Financials
Is TECHNIC + profitable?
In financial year 2026, TECHNIC + made a profit of €179,157.
Where can I find the annual accounts of TECHNIC +?
TECHNIC + filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of TECHNIC + due?
TECHNIC + must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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